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Can Vegas Bookies Save Sports?

Pro, college leagues hire insiders to sniff out problems

By Neal Colgrass,  Newser Staff

Posted Oct 3, 2007 7:23 PM CDT

(Newser) – Sports that once slammed betting are now playing ball with Vegas bookies, the Wall Street Journal reports. Pro and college leagues hire advisers to spot odd bets and the players or refs who may be shaving points behind them."It's a way for them, I think, to be able to tell their athletes: 'There's someone in Vegas watching you,'" says a rep at Las Vegas Sports Consultants.
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Such companies have set spreads for years, helping casinos profit on what is called "equal betting flow." But sports leagues opposed gambling for years, until a spate of scandals forced them to reach out. "The leagues have a public stance that, 'We don't like gaming,'" says one better. "But the reality is that without Las Vegas and without sports betting, their giant empires would crumble."

Former Philadelphia Flyer' Rick Tocchet, left, and defense attorney Kevin Marino exit the courthouse following Tocchet's sentencing in Burlington County Superior Court in Mount Holly, N.J., Friday, Aug. 17, 2007. Tocchet, a former NHL hockey player and assistant coach who ran an illegal sports gambling ring, won't serve jail...
Former Philadelphia Flyer' Rick Tocchet, left, and defense attorney Kevin Marino exit the courthouse following Tocchet's sentencing in Burlington County Superior Court in Mount Holly, N.J., Friday, Aug....   (Associated Press)
Las Vegas Monorail passes by MGM Grand in Las Vegas,in this April, 27, 2006 file photo.  Dubai World, a government-owned holding company, will invest about $5 billion in MGM Mirage, the casino operator said Wednesday, Aug. 22, 2007.  (AP Photo/Jae C. Hong, file)
Las Vegas Monorail passes by MGM Grand in Las Vegas,in this April, 27, 2006 file photo. Dubai World, a government-owned holding company, will invest about $5 billion in MGM Mirage, the casino operator...   (Associated Press)
Red Rock hotel and casino sports book director Jason McCormick poses for a photograph in Las Vegas, Wednesday, Aug. 29, 2007. Station Casinos Inc., the fifth-largest sports book in the country, was to become the first to release a betting line and start taking wagers based on players' projected fantasy...
Red Rock hotel and casino sports book director Jason McCormick poses for a photograph in Las Vegas, Wednesday, Aug. 29, 2007. Station Casinos Inc., the fifth-largest sports book in the country, was to...   (Associated Press)
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